Episode 5 - The Evolution of Business: How Innovation is Born from Real-World Problems
Release Date: 03/15/2025
Peace Luv Biz
In this week’s episode of Peace Luv Biz, Steve and Mary dig into a topic every entrepreneur needs to face head-on — accountability and repercussions. Business owners often talk about goals and growth, but rarely about what happens when obligations are ignored — taxes left unfiled, invoices unpaid, deadlines missed, and commitments broken. This episode shines a light on the real costs of avoidance — from IRS penalties to damaged business relationships — and how accountability can become your greatest strength instead of your biggest fear.
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In this flavorful two-part episode of Peace Luv Biz, Steve and Mary sit down with Matt Coltrin, founder and CEO of Roll Cajun Food Truck, to talk about passion, purpose, and the financial journey behind turning a dream into a thriving business on wheels. From his Louisiana roots to bringing Cajun comfort food to the streets of Birmingham, Matt shares how his love for food and community evolved into a full-fledged business. But it wasn’t all smooth rolling — funding challenges, permits, and cash flow hurdles tested his drive early on. That’s when partnering with Mary changed...
info_outlinePeace Luv Biz
In this flavorful two-part episode of Peace Luv Biz, Steve and Mary sit down with Matt Coltrin, founder and CEO of Roll Cajun Food Truck, to talk about passion, purpose, and the financial journey behind turning a dream into a thriving business on wheels. From his Louisiana roots to bringing Cajun comfort food to the streets of Birmingham, Matt shares how his love for food and community evolved into a full-fledged business. But it wasn’t all smooth rolling — funding challenges, permits, and cash flow hurdles tested his drive early on. That’s when partnering with Mary changed everything....
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In this heartfelt episode of Peace Luv Biz, hosts Steve, the business growth guy, and Mary, the accounting guru, sit down with Sonia Dominguez — powerhouse entrepreneur and owner of SOID Towing and PMI Hillsborough. Sonia opens up about her journey from running a successful tow truck business without an accounting system to launching a new startup with structure, clarity, and confidence. Together, they unpack the hard truths of entrepreneurship — what happens when success outpaces your systems, the emotional toll of financial disorganization, and the peace that comes from finally having a...
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Some business owners spend more time avoiding reality than facing it — but the truth is, business doesn’t care about your feelings. Numbers don’t lie. And pretending problems don’t exist doesn’t make them go away. In this episode of Peace Luv Biz, Steve and Mary sit down to talk about the hard truths every entrepreneur needs to hear: the reality behind cash flow struggles, accountability, discipline, and the difference between a business that’s thriving and one that’s just surviving. They’ll share candid stories from their client work, break down how denial leads to chaos, and...
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Most business owners think of health and life insurance as just protection for themselves and their families. But the truth is insurance can also be a powerful tax planning tool that reduces liability and creates long-term financial security. In this episode of Peace Luv Biz, Steve and Mary break down how entrepreneurs can strategically use insurance in their business and personal finances, not just as a safety net, but as a smart tax strategy. From deductions and credits to reducing taxable income and protecting your legacy, this is a candid look at how insurance fits into your overall...
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In this heartfelt episode of Peace Luv Biz, Steve and Mary share the origin story behind their business, and why it’s so much deeper than numbers, strategy, or tax planning. Mary opens up about her powerful life journey, filled with struggle, strength, and reinvention, and how every chapter led to a mission: helping business owners find peace in their purpose and structure in their chaos. Steve, with his own perspective as the younger counterpart, offers insight on what it’s like to work beside someone whose life experience is not only unmatched, but transformational. This isn’t just...
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In this episode of Peace Luv Biz, hosts Steve and Mary get real about a critical topic for every entrepreneur: knowing your worth and charging what you deserve. They explore how undercharging, delayed payments, and loose boundaries can quickly turn your business into an unpaid favor—and how to shift your mindset and systems so you operate like a pro, not a doormat. Whether you're just starting out or re-evaluating your pricing, this conversation will give you the clarity and confidence to charge and collect like a boss. Key takeaways: ✅ Why your rates reflect more than time—they reflect...
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In this episode of Peace Luv Biz, hosts Steve and Mary break down a powerful acronym that should guide every interaction you have with clients, partners, and team members: RESPECT. From setting clear expectations to practicing transparency and trust, Steve and Mary explore how adopting this mindset leads to stronger relationships, fewer misunderstandings, and long-term business success. Whether you're a service provider or a CEO managing a team, this framework will help you operate with integrity and effectiveness. Key takeaways: ✅ Why relationships drive revenue—and how to strengthen...
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In this episode of Peace Luv Biz, hosts Steve and Mary dive into the hidden costs of financial procrastination—and how to prevent accounting “emergencies” before they even begin. They unpack why so many business owners feel like they’re constantly putting out fires when, in reality, most financial crises are completely avoidable with the right systems and habits in place. From cash flow surprises to tax-time panic, Steve and Mary offer a practical approach to building “financial fire drills” that help you stay prepared, calm, and in control. Key takeaways: ✅ How...
info_outlineIn this episode of Peace Luv Biz, hosts Steve and Mary dive into the natural evolution of business. How industries change, how entrepreneurs adapt, and most importantly, how true innovation is born out of necessity.
They break down how some of the most game-changing business ideas didn’t come from a “lightbulb moment” but from solving real-world problems. Whether it’s streamlining processes, filling a market gap, or overcoming a major business challenge, the best innovations come from those who recognize a need and take action.
Key takeaways:
✅ Why necessity is the ultimate driver of business innovation.
✅ How to spot opportunities for growth within your own industry.
✅ The mindset shift that turns challenges into game-changing ideas.
✅ Why staying adaptable is crucial to long-term success.
Be sure to subscribe and visit www.peaceluvbiz.com for free resources, business tips, and expert guidance to help you stay ahead of the curve. Until next time, keep evolving and growing your business with peace and love! 💜💼